Company News
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Bakkavor to sell China operations in £50m deal
Tuesday 29 Apr 2025
(Sharecast News) - Food producer Bakkavor said on Tuesday that it has agreed to sell its China operations to Lihe Xing (Qingdao) Food Technology Co for around £50m. Read More
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NCC Group exploring options for Escode business
Tuesday 29 Apr 2025
(Sharecast News) - Cybersecurity firm NCC Group said late on Monday that it is exploring a number of options for its Escoe business, including a potential sale. Read More
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AB Foods cuts guidance for sugar unit as H1 profits drop
Tuesday 29 Apr 2025
(Sharecast News) - First-half profits at Associated British Foods fell by a tenth with sales slightly behind last year, as growth in retail and food ingredients was offset by a "frustrating" performan... Read More
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Quarterly profits miss forecasts at BP
Tuesday 29 Apr 2025
(Sharecast News) - BP reported lower-than-expected quarterly income on Tuesday, as the energy major continued to overhaul its long-term strategy amid tumbling oil prices. Read More
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Days of shop price deflation 'numbered' as food prices pick up, says BRC
Tuesday 29 Apr 2025
(Sharecast News) - Overall shop prices in the UK fell in April compared with last year, though the rate of the decline eased as food inflation picked up on the back of rising labour costs. Read More
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Merck to buy US biotech SpringWorks for $3.9bn
Monday 28 Apr 2025
(Sharecast News) - German science and technology giant Merck announced on Monday that it is to acquire US biopharmaceutical outfit SpringWorks Therapeutics as it attempts to ramp up growth in the heal... Read More
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PE firms said to be circling NCC Group's Escode business
Monday 28 Apr 2025
(Sharecast News) - Private equity firms are reportedly circling one of the main subsidiaries of cybersecurity firm NCC Group. Read More
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Mediobanca launches €6.3bn bid for Banca Generali
Monday 28 Apr 2025
(Sharecast News) - Italy's Mediobanca on Monday unveiled a €6.3bn bid for rival Banca Generali in a move to expand its wealth management division. Read More
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UK retail sales volumes fall again as outlook remains grim
Monday 28 Apr 2025
(Sharecast News) - Fewer UK retailers reported falling sales in April, according to a survey from the Confederation of British Industries, though top-line pressure is expected to ramp up in the coming... Read More
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Lidl unveils £500m plan to expand UK store estate
Monday 28 Apr 2025
(Sharecast News) - German owned discount supermarket retail chain Lidl on Monday unveiled plans to invest £500m and open more than 40 new UK stores in the current financial year as it looks to capital... Read More
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Entain's BetMGM swings to profit as Q1 revenues rise
Monday 28 Apr 2025
(Sharecast News) - Entain reported a jump in revenue at BetMGM and a swing to profit on Monday as momentum from the second half carried into the first quarter. Read More
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M&S orders factory workers to stay home as cyberattack recovery continues
Monday 28 Apr 2025
(Sharecast News) - Marks & Spencer has told around 200 workers at its Castle Donington logistics site to not come into work as the retailer continues to recover from a cyberattack. Read More
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Supply@Me delays FY24 results
Monday 28 Apr 2025
(Sharecast News) - Fintech business Suppply@Me said on Monday that its FY24 report and accounts would not be finalised ahead of the 30 April deadline. Read More
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Christie Group hikes final dividend payout following 'year of progress'
Monday 28 Apr 2025
(Sharecast News) - Professional services firm Christie Group increased its final dividend payout on Monday as it revealed it had returned to a "positive" FY trading performance in what it called a "a ... Read More
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Frenkel Topping FY revenues grow in 'landmark' year
Monday 28 Apr 2025
(Sharecast News) - Professional services firm Frenkel Topping said on Monday that both revenue and pre-tax profits had grown in 'landmark' FY24. Read More
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Vivendi posts rise in Q1 net asset value
Monday 28 Apr 2025
(Sharecast News) - French media group Vivendi on Monday reported a 7.8% jump in net asset value to €5.2bn in the quarter to March 31 compared with the previous three months. Read More
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Science in Sport FY underlying earnings more than double
Monday 28 Apr 2025
(Sharecast News) - Sports nutrition business Science in Sport said on Monday that FY underlying earnings had more than doubled, stating it was "proud" of its performance but noted it had been "challen... Read More
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Airbus finalises deal to take over certain Spirit assets
Monday 28 Apr 2025
(Sharecast News) - Airbus and Spirit AeroSystems announced on Monday that they have finalised an agreement to transfer ownership of certain assets and production sites to the European aerospace corpor... Read More
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France's Banijay mulls ITV bid - report
Monday 28 Apr 2025
(Sharecast News) - Peaky Blinders maker Banijay Group is working on plans for a takeover offer for ITV or its studio arm, according to a report published on Sunday. Read More
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National Grid files joint proposal with New York Public Service Commission
Monday 28 Apr 2025
(Sharecast News) - Utility company National Grid has filed a joint proposal with the New York Public Service Commission for its Upstate New York electric and natural gas distribution business Niagara ... Read More
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